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Global Prostate Stents Market to Grow at a CAGR of 5.5% During the Period 2022-2027, Driven by Rising Number of Prostate Disorders

Prostate Stents Market

Global Prostate Stents Market: By Product: Permanent, Temporary; By Material: Metal, Plastic; By End-User: Hospitals, Specialty Clinics, Research and Academic Institutes; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Prostate Stents Market Outlook

The global prostate stents market is expected to grow at a CAGR of 5.5% during the period 2023-2028.

 

Global Prostate Stents Market

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Global Prostate Stents Market Likely to be Driven by Demand for Effective Treatment for Prostate Disorders

The global prostate stents market is likely to be driven by the rising number of cases associated with prostate related ailments and disorders. Some common problems include prostatitis (inflammation, usually caused by bacteria), enlarged prostate (BPH) or benign prostatic hyperplasia, and prostate cancer (a common form of cancer that responds positively to treatment if detected early).  BPH is a very common ailment in older men and the leading cause of lower urinary tract symptoms (LUTS). The occurrence of BPH increases after the age of 40.

Prostate stent is an alternative for certain patients who are considered unsuitable for transurethral resection of the prostate (TUR-P). Transurethral resection of the prostate is considered the gold standard for treating severe lower urinary tract symptoms (LUTS) or urine retention. Significant co-morbidity renders a few patients unfit for surgery; such patients require alternative treatment. Intraprostatic stents are an example of minimally invasive treatment for LUTS. A prostatic stent is a small device placed to open up the urethra and improve urine flow and emptying of the bladder. Stents are used widely in endoscopic urological processes.

 

Advanced Solutions Offered by Companies Expected to Stimulate the Market

Several companies are engaged in providing effective solutions for prostate related disorders. In 2016, SRS Medical Systems announced that the company secured CE Mark approval in the European Union for its Spanner temporary prostatic stent, devised to be used as an indwelling Foley catheter as well as an intermittent urinary catheter in male patients. According to the company, the Spanner device was composed of a pair of anchors and a silicone tube, and was devised to decrease resistance in the bladder neck and prostatic urethra without stenting the external sphincter. The blind, anaesthesia-free implantation procedure was like that of a Foley catheter.

In 2021, Olympus acquired partner Medi-Tate and its minimally invasive prostate device, iTind. The nitinol iTind device functions like a large stent; it is temporarily placed in the urinary tract using a catheter where it expands to help alleviate symptoms caused by an enlarged prostate, like loss of bladder control. The device helps in reshaping the channel to enhance urine flow, and is removed after five to seven days.

Allium Medical has introduced many types of stents for the treatment of various types of urinary tract strictures, on the basis of anatomic location. The stents are all manufactured of nitinol and have a co-polymer coating to prevent encrustations. These stents come in various shapes, are designed particularly to treat individual type of stricture, have a large calibre and a strong radial force, and are self-expandable. The unravelling feature of these Allium-made stents enables ease of removal. Some examples of such stents include the Bulbar Urethral Stent (BUS) for treatment of bulbar urethral strictures; the Triangular Prostatic Stent (TPS) for the treatment of prostate obstruction in individuals not fit or not willing to undergo a surgical procedure; the Round Posterior Stent (RPS) for the treatment of post radical prostatectomy bladder neck contracture; and the Ureteral Stent (URS) (round shaped, available in varying lengths and with an anchor option) for the treatment of ureteral strictures.

 

Global Prostate Stents Market Segmentation

 

Global Prostate Stents Market By Segment

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By product, the market is segmented into:

  • Permanent
  • Temporary

By material, the market is classified into:

  • Metal
  • Plastic
  • Others

By end-user the market is divided into:

  • Hospitals
  • Specialty Clinics 
  • Research and Academic Institutes
  • Others

By region, the market is segmented into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 

Global Prostate Stents Market By Region

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Key Industry Players in the Global Prostate Stents Market

The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Olympus Corporation 
  • SRS Medical
  • Allium Medical
  • Becton, Dickinson and Company
  • Med pro Medical B.V.
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Material, End-User, Region
Breakup by Product Permanent, Temporary 
Breakup by Material Metal, Plastic, Others
Breakup by End-User Hospitals, Specialty Clinics, Research and Academic Institutes, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Olympus Corporation, SRS Medical, Allium Medical, Becton, Dickinson and Company, Med pro Medical B.V., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface      
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Prostate Stents Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Prostate Stents Historical Market (2018-2022) 
    8.3    Global Prostate Stents Market Forecast (2023-2028)
    8.4    Global Prostate Stents Market by Product
        8.4.1    Permanent
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Temporary 
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
    8.5    Global Prostate Stents Market by Material
        8.5.1    Metal
            8.5.1.1    Historical Trend (2018-2022)
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Plastic
            8.5.2.1    Historical Trend (2018-2022)
            8.5.2.2    Forecast Trend (2023-2028)
        8.5.3    Others
    8.6    Global Prostate Stents Market by End-User
        8.6.1    Hospitals
            8.6.1.1    Historical Trend (2018-2022)
            8.6.1.2    Forecast Trend (2023-2028)
        8.6.2    Specialty Clinics 
            8.6.2.1    Historical Trend (2018-2022)
            8.6.2.2    Forecast Trend (2023-2028)
        8.6.3    Research and Academic Institutes
            8.6.3.1    Historical Trend (2018-2022)
            8.6.3.2    Forecast Trend (2023-2028)
        8.6.4    Others    
    8.7    Global Prostate Stents Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2022) 
            8.7.1.2    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2022) 
            8.7.2.2    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2022) 
            8.7.3.2    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2022) 
            8.7.4.2    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2022) 
            8.7.5.2    Forecast Trend (2023-2028) 
9    North America Prostate Stents Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2022) 
        9.1.2    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Historical Trend (2018-2022) 
        9.2.2    Forecast Trend (2023-2028)
10    Europe  Prostate Stents Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2022) 
        10.1.2    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Historical Trend (2018-2022) 
        10.2.2    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Historical Trend (2018-2022) 
        10.3.2    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Historical Trend (2018-2022) 
        10.4.2    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Prostate Stents Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2022) 
        11.1.2    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Historical Trend (2018-2022) 
        11.2.2    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Historical Trend (2018-2022) 
        11.3.2    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2022) 
        11.4.2    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.2    Historical Trend (2018-2022) 
        11.5.2    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Prostate Stents Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2022) 
        12.1.2    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2022) 
        12.2.2    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2022) 
        12.3.2    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Prostate Stents Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2022) 
        13.1.2    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2022) 
        13.2.2    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2022) 
        13.3.2    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2022) 
        13.4.2    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive  Landscape
    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Olympus Corporation
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    SRS Medical
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Allium Medical
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Becton, Dickinson and Company
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Med pro Medical B.V.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Prostate Stents Market: Key Industry Highlights, 2018 and 2028
2.    Global Prostate Stents Historical Market: Breakup by Product (USD Million), 2018-2022
3.    Global Prostate Stents Market Forecast: Breakup by Product (USD Million), 2023-2028
4.    Global Prostate Stents Historical Market: Breakup by Material (USD Million), 2018-2022
5.    Global Prostate Stents Market Forecast: Breakup by Material (USD Million), 2023-2028
6.    Global Prostate Stents Historical Market: Breakup by End-User (USD Million), 2018-2022
7.    Global Prostate Stents Market Forecast: Breakup by End-User (USD Million), 2023-2028
8.    Global Prostate Stents Historical Market: Breakup by Region (USD Million), 2018-2022
9.    Global Prostate Stents Market Forecast: Breakup by Region (USD Million), 2023-2028
10.    North America Prostate Stents Historical Market: Breakup by Country (USD Million), 2018-2022
11.    North America Prostate Stents Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Europe Prostate Stents Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Europe Prostate Stents Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Asia Pacific Prostate Stents Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Asia Pacific Prostate Stents Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Latin America Prostate Stents Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Latin America Prostate Stents Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Middle East and Africa Prostate Stents Historical Market: Breakup by Country (USD Million), 2018-2022
19.    Middle East and Africa Prostate Stents Market Forecast: Breakup by Country (USD Million), 2023-2028
20.    Global Prostate Stents Market Structure

Key Questions Answered in the Report

What is the growth rate of the global prostate stents market?

The market is projected to grow at a CAGR of 5.5% between 2023 and 2028.

What are the major industry drivers?

The major industry drivers are rapid diagnosis and treatment of prostate related ailments, rising geriatric population, increasing cases of prostatic obstructions, fear towards surgeries, and demand for minimally invasive treatments.

What are the key industry trends of the global prostate stents market?

The key trends guiding the growth of the industry include the rapid technological advancements and the increased investments in research and development activities by the key industry players.

What are the major regional markets of prostate stents, according to the EMR report?

The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

What are the significant market divisions, based on product?

The significant products include permanent and temporary.

What are the different market divisions, based on material?

The different market divisions based on material include metal and plastic, among others.

What are the major end-users of the product?

The major end-users are hospitals, specialty clinics, and research and academic institutes, among others.

Who are the key industry players, according to the report?

The major players in the industry are Olympus Corporation, SRS Medical, Allium Medical, Becton, Dickinson and Company, and Med pro Medical B.V., among others.

Analyst Review

The global prostate stents market is driven by the increasing cases of prostatic obstructions globally. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 5.5%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The prostate stents industry, by product, can be segmented into permanent and temporary. Based on material, the market is classified into metal and plastic, among others. On the basis of end-user, the market is divided into hospitals, specialty clinics, and research and academic institutes, among others. The major regional markets for prostate stents are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Olympus Corporation, SRS Medical, Allium Medical, Becton, Dickinson and Company, and Med pro Medical B.V., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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